Matthew J. Smith - Apr 29, 2022 Form 4 Insider Report for Stronghold Digital Mining, Inc. (SDIG)

Signature
/s/ Matthew Usdin, as Attorney-in-Fact for Matthew J. Smith
Stock symbol
SDIG
Transactions as of
Apr 29, 2022
Transactions value $
$1,001,000
Form type
4
Date filed
5/2/2022, 05:23 PM
Previous filing
Apr 12, 2022
Next filing
Mar 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SDIG Class A common stock, par value $0.0001 Award $1M +250K +5838.78% $4.00 255K Apr 29, 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Remarks:

1. On April 28, 2022, the reporting person was granted 250,250 shares of restricted Class A common stock of the Issuer, of which 200,000 shares vest in 12 equal quarterly installments subject to continued service through each vesting date, and 50,250 are Long-Term RSU Awards that (i) vest in quarterly installments over three (3) years and (ii) become 50% vested upon a change in control that results in the Participant's termination of employment by the Company for any reason or by the Participant for good reason within one (1) year following such change in control. Once vested, such restricted stock cannot be sold without the approval of the board of directors of the Issuer.